- June 22, 2024
Consumer sales are flatlining, but UBS says it will drive a revival of brick-and-mortar stores as shoppers want to ‘try before they buy’
The number of people buying online is falling—but bad news for consumer spending could lead to a comeback for brick and mortar stores thanks to
‘Sometimes, the facts don’t matter’: Attacks on DEI are an anti-capitalist war on American prosperity
Few three-letter words have polarized our country more than DEI—formerly known as diversity, equity, and inclusion. DEI has engaged America in a ruinous rhetorical civil
Housing market crisis: High home price are ‘feudalizing’ California
There are unaffordable housing markets, and then there are “impossibly unaffordable” markets, four of which are in California, a recent study said. The housing crisis
Instant noodles banned in Denmark for being too spicy
A Danish food regulator recalled a brand of instant noodles, declaring the chewy, umami-filled strings posed a health hazard, despite not having quality control issues.
Housing market outlook: Spring selling season is coming to an end—not with a bang, but with a whimper
This year’s spring selling season wasn’t a typical one, and while it seems to be better than last year, there was an air of melancholy
Jetblue Airways, Pelaton, and Manchestor United a few of the 7,000 ‘zombie companies’ globally
An Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden with debt they’re struggling to pay even the interest on
AI isn’t yet capable of snapping up jobs—except in these 4 industries, McKinsey says
With sluggish productivity growth around 1.4% despite watershed advancements in technology and innovation, increasing growth—and median household incomes—may hinge on a simple equation. “I have
S&P downgrades France as debt to soar more than expected, putting it on par with Czech and Estonian ratings
S&P Global Ratings downgraded France, tarnishing President Emmanuel Macron’s record for debt management and plunging him deeper into political difficulties a week before European elections.
Alaskan rivers are turning orange. Here’s why
Normally, the rivers that run through Alaska are a pristine blue. But lately, there have been a number that look rusty—orange, even. It’s not pollution
Costco CEO Ron Vachris reveals his winning strategy for the legacy retail brand—’we can’t become arrogant’
Only three CEOs have held the reins at Costco during the retail giant’s four decades in existence, points out Fortune’s Phil Wahba. And the latest